nifty may proceed towards the hurdle zone( new margin rule how affects market a little concern)
my call for nifty was when it was in 16500-16600 zone.
It has resulted fantastic returns to my followers.
after so much rise with in few days mood in cautiously bullish now.
this wave has prolonged already.
But where nifty will end this wave very difficult to predict.
any long position should be with strict stop loss.
while saying so I am not bearish.
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please go through attached chart.